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(a) The Director of Finance is hereby authorized and directed to establish a special trust fund to be known as the "Federal Revenue Sharing Fund” under the provisions of Ohio R.C. 5705.12.
(b) All moneys paid to the City under the State and Local Financial Assistance Act of 1972 shall be credited to such Fund and expended in accordance with the terms and provisions of such federal Act. (Ord. 68-72. Passed 11-20-72.)